There is no phone to call them.(4) They use Yodlee for connecting to external banks and mortgage servicers.

There should be DSCR options for lenders that can go up to 10 units and do STRs. 

We never like to deliver this sort of news, but it is an unfortunate necessity in this market.We include the cost for 12 months in our proposals because a lot of investors like to (or their lenders require them to) pay for a year of coverage upfront and it’s easier for them to compare rates.

Builder ends up screwing us over and we are out $250k which we are in the process of trying to get back.In the meantime, I'm trying to get a private or hard money loan to finish the buildsCurrent mortgage 273,000Rehab 1 - 150,000Rehab 2 - 150,000Current value for both places approx $350,000ARV $1,000,000 for bothPlan is to refinance and hold as STRI feel that these numbers are reasonable - am I missing something?

Lacking access to the financing to buy and build on large acreage, my thinking was to start small with a couple acres and build one or two homes, get some experience working with a lender that I can hopefully parlay into a bigger development the next time, and so on …Would love any advice/thoughts on this!

If you were getting a mortgage, typically the borrower has to have some money to put in (downpayment).  

Doing so would give me two mortgages and the Heloc.

For example, the max LTV on most DSCR loans is 80%, but if you are rural, you will likely be cut to 70% LTV or less (if the lender can do rural).

BeaudoinFounder - Abundant Life Products & Strategies, IncLicensed Life Insurance AgentInfinite Banking Practitioner & CoachBook a Call: https://calendar.app.google/praigJnXx4u4eC3Q8Cell: 619.306.8823Email: [email protected] 22:7: Just as the rich rule the poor, so the borrower is servant to the lender

If he has a mortgage to be foreclosed on they should be paying the property taxes.